CONGRESS

More news
IBTimes Logo

JPMorgan's Dimon Says He'll Testify Before Congress

JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.
JP Morgan

US Senate Banking Committee To Ask Dimon To Testify

JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday.
Afghanistan suicide bombings

Afghanistan Demands $4.1 Billion A Year; Plans To Sell Islamic Bonds

Afghanistan, bracing for a potential sharp decline in financial support from the West amid fears of a fresh military offensive by the Taliban insurgents, has demanded $4.1 billion a year for its security forces after the foreign troops pull out in 2014, ahead of the NATO summit starting Sunday.
Lobby of JP Morgan Chase headquarters in Manhattan

FBI Investigating JPMorgan Chase: Report

The U.S. Justice Department has launched an investigation of a huge trading loss incurred by JPMorgan Chase & Co. (NYSE: JPM), the Wall Street Journal said on Tuesday.
JP Morgan Chairman Jamie Dimon

Romney Campaign Defends JP Morgan, Contradicting Obama

JPMorgan's massive $2 billion trading loss has spilled over into presidential politics, with presumptive Republican nominee Mitt Romney calling the disastrous trade as an example of the inherent risks of the free market.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.